Showing 1 - 10 of 67
Association sees uptick in used car market
Business, Lamonphet Apisitniran, Published on 14/06/2024
» The used car market is expected to grow in the latter half of this year as financial service providers may ease the lending criteria for prospective buyers, following discussions regarding the stringent loan conditions, says the Association of Used Car.
Auto loan rejections hurting industry
Lamonphet Apisitniran, Published on 11/06/2024
» Auto loans from banks are probably 100-200 billion baht lower than expected so far this year because of concerns over non-performing loans, which threatens to affect the entire automotive supply chain, according to the Federation of Thai Industries (FTI).
Premium cars cannot avoid plunge in sales
Business, Lamonphet Apisitniran, Published on 08/06/2024
» The decline in domestic car sales is having a broad impact on the automotive industry, even dampening the premium car segment, which typically resists downturns in consumer spending, according to Mercedes-Benz (Thailand).
Producers maintain motorcycle output target
Business, Lamonphet Apisitniran, Published on 04/06/2024
» Thailand's motorcycle manufacturing output is expected to reach its target of 2.12 million units this year despite a decrease in production during the first four months of 2024, says the Federation of Thai Industries (FTI).
Lamborghini preps electric 'super car'
Business, Lamonphet Apisitniran, Published on 17/05/2024
» Automobili Lamborghini, an Italian manufacturer of luxury sports cars, plans to bring its new electric "super car" to Thailand, debuting it globally in 2028 as part of efforts to cut carbon dioxide emissions.
China's Chery lands BOI perks for Rayong EV plant
Lamonphet Apisitniran, Published on 23/04/2024
» Thailand continues to attract investment in its electric vehicle (EV) industry, with Chery Automobile being the latest Chinese EV manufacturer to have been granted investment incentives by the Board of Investment (BOI) to build a factory in Rayong province.
EV sales expected to miss target
Business, Lamonphet Apisitniran, Published on 18/04/2024
» Electric vehicle sales in Thailand are expected to miss the estimate of 130,000 units this year as prices are likely to keep changing, attributed to a price war among Chinese EV makers, says Hyundai Mobility Thailand, a subsidiary of the Korean automaker.
Ducati to use Thailand as an export hub
Lamonphet Apisitniran, Published on 17/04/2024
» Italian big bike manufacturer Ducati Motor Holding aims to make Thailand one of its export hubs after opening a new factory in Rayong, its first production facility in Asia.
Industrial Estate Authority touts new Smart Park
Business, Lamonphet Apisitniran, Published on 16/04/2024
» Chinese firms expressed interest in investing in electric vehicle (EV) supply chain and energy businesses in Smart Park Industrial Estate in Rayong, which is scheduled to open by the end of this year, says the Industrial Estate Authority of Thailand (IEAT).
Car firms warned of new Australia rule
Business, Lamonphet Apisitniran, Published on 06/04/2024
» Auto exports to Australia may be affected by a new trade barrier expected to be imposed on new cars shipped to the country next year, warns the Thai Automotive Industry Association (TAIA).